Automotive Glove Box Market Report 2026 - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

The Global Automotive Glove Box Market is driven by rising vehicle production, increased electric vehicle adoption, and the demand for secure storage solutions like biometric locks. Growth challenges include volatile polymer costs affecting supply chain stability. Trends focus on integrating electronics for a modernized storage experience.

Dublin, Jan. 26, 2026 (GLOBE NEWSWIRE) -- The "Automotive Glove Box Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031" has been added to ResearchAndMarkets.com's offering.

The Global Automotive Glove Box Market is projected to expand from a valuation of USD 1.83 billion in 2025 to USD 2.71 billion by 2031, reflecting a compound annual growth rate of 6.76%.

The market's foundation rests on the steady rise in worldwide vehicle manufacturing and the growing integration of safety features, such as knee airbags, into the component's structure. These functional requirements ensure the glove box remains a necessity across all vehicle segments, effectively separating core demand drivers from temporary shifts in interior styling.

High manufacturing volumes highlight the strong correlation between vehicle production and component procurement, with the International Organisation of Motor Vehicle Manufacturers reporting a global output of 92.5 million motor vehicles in 2024. Although this substantial volume helps stabilize demand, market growth faces a notable obstacle in the form of fluctuating raw material costs for polymers. This instability in pricing introduces uncertainty regarding manufacturing margins and adds complexity to the negotiation of long-term supply contracts for component suppliers.

Market Drivers

The primary driver propelling the automotive glove box market is the continuous rise in global vehicle production, as the assembly of every new vehicle requires this fundamental interior component. This direct relationship ensures that manufacturing activity in key automotive centers results in immediate orders for dashboard assemblies and storage compartments.

Increasing vehicle ownership in developing nations further strengthens the baseline demand for both standard and lockable units, separating the sector's expansion from temporary design fads. Data from the China Association of Automobile Manufacturers in January 2025 indicates that vehicle sales in China hit a record 31.44 million units in 2024, highlighting the vast quantity of components needed. Similarly, emerging markets like India are bolstering this growth, with the Society of Indian Automobile Manufacturers reporting an all-time high of 4.3 million passenger vehicle sales for the 2024-25 fiscal year in April 2025.

Concurrently, the growth of the electric vehicle sector is redefining component design and material requirements. As automakers shift to electrified powertrains, there is a heightened emphasis on reducing the weight of interior parts to counterbalance heavy battery packs, forcing suppliers to adopt advanced polymers and composites for glove boxes. Additionally, the updated cabin layouts in electric vehicles frequently permit larger or more ergonomic storage designs, setting them apart from internal combustion engine models.

The increasing adoption of electric vehicles is confirmed by the European Automobile Manufacturers' Association, which noted in November 2025 that battery-electric cars secured 16.4% of the EU market share in the first ten months of the year. This shift toward electrification is fostering the creation of specialized, lightweight storage solutions that meet the efficiency needs of modern fleets.

Market Challenges

Fluctuating raw material costs for polymers represent a major obstacle to the growth of the Global Automotive Glove Box Market. Since these components are primarily constructed from advanced polymer composites to satisfy safety and durability requirements, instability in resin prices directly undermines the production economics for suppliers. This financial uncertainty makes it difficult to establish long-term supply contracts with original equipment manufacturers, frequently compelling suppliers to accept lower margins or causing difficulties during pricing negotiations. As a result, this volatility hampers the smooth operation of the supply chain necessary for consistent market expansion and discourages investment in increasing production capacity.

The negative effects of these cost pressures are illustrated by recent declines in regional manufacturing output. The European Automobile Manufacturers' Association reported a 6.2% drop in car production within the European Union in 2024, attributed mainly to high costs and inflationary pressures. This reduction in vehicle assembly leads to a decrease in the volume of interior components needed, showing how elevated and unstable input costs can drive down glove box procurement rates. Ultimately, the difficulty in maintaining stable pricing structures limits the market's capacity to take full advantage of broader global demand trends.

Market Trends

The integration of electronic and biometric locking mechanisms is fundamentally changing the function of the glove box from a basic mechanical storage unit to a secure, digitally connected vault. With the shift toward software-defined vehicle architectures, automakers are substituting conventional latch and key systems with electric actuators managed through biometric sensors or infotainment displays, facilitating features such as 'Valet Mode' for securing valuables. This move toward digitization corresponds with the general expansion of cabin electronics, as evidenced by Forvia's February 2025 report showing a €7 billion order intake for its Electronics business group in 2024, highlighting the rapid scaling of digital interfaces needed for these advanced security features.

At the same time, the addition of connectivity ports and in-compartment charging is evolving the glove box into a hidden power hub for mobile devices. This development meets consumer demand for charging devices securely while keeping the dashboard look clean, employing advanced wireless technology to send power through interior surfaces. These innovations are becoming production-ready, as demonstrated by Gentex Corporation in January 2025; their 'CES 2025 Highlights' revealed the Solace wireless power system, which transmits energy through non-metallic barriers, enabling manufacturers to integrate cable-free charging into recessed storage areas without affecting design aesthetics.

Key Players Profiled in the Automotive Glove Box Market

• Magna International Inc.
• International Automotive Components Group GmbH
• Visteon Corporation
• Moriroku Holdings Company, Ltd.
• Yanfeng International Automotive Technology Co. Ltd.
• FORVIA
• Trinseo PLC
• Hyundai Mobis
• Tong Yang Group
• Jiangsu Srumto Auto Parts Co., Ltd.

Report Scope

In this report, the Global Automotive Glove Box Market has been segmented into the following categories:

Automotive Glove Box Market, by Type:

• Fixed
• Tipping Bucket

Automotive Glove Box Market, by Vehicle Type:

• Commercial Vehicles
• Passenger Cars

Automotive Glove Box Market, by Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Key Attributes:

Report Attribute	Details
No. of Pages	180
Forecast Period	2025 - 2031
Estimated Market Value (USD) in 2025	$1.83 Billion
Forecasted Market Value (USD) by 2031	$2.71 Billion
Compound Annual Growth Rate	6.7%
Regions Covered	Global

For more information about this report visit https://www.researchandmarkets.com/r/dfjaul

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• Automotive Glove Box Market

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